Tag: Old naira notes
CBN: No deadline on old naira notes
The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500, and N1,000 banknotes.
The...
Supreme Court: Old, new naira notes valid until further notice
The Supreme Court has declared that old and new naira notes will co-exist as legal tender in the country until further notice.
The Supreme Court...
CBN: Old naira notes remain legal tender indefinitely
The Central Bank of Nigeria (CBN) says the old naira notes will remain legal tender indefinitely.
It would be recalled that the CBN redesigned N200,...
Naira scarcity: Banks pay old notes, ration new to customers
Banks across Ibadan, the Oyo State capital, on Sunday, opened their doors to customers to withdraw cash and transact other financial transactions in line...
CBN returns old naira notes to banks, cancels withdrawal limits
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to begin the disbursement of old N200, N500, and N1,000 notes to...
Naira scarcity: States set to sue Malami, Emefiele over CBN’s partial...
Some state governments have concluded plans to reactivate the contempt charges filed against the Attorney General of the Federation (AGF) and Minister of Justice,...
Concerns as banks run out of old, new naira notes
Barely three days after the Central Bank of Nigeria (CBN) declared old N200, N500, and N1,000 as legal tender, some commercial banks in the...
Buhari: I didn’t tell Malami, Emefiele to disobey S’Court order on...
President Muhammadu Buhari says he did not direct the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, and the Governor...
Adeleke to banks: Stop issuing old naira notes to customers
Osun State Governor, Ademola Adeleke, has warned commercial banks in the state to stop issuing old naira notes to customers if they will not...
CBN directs banks to dispense, accept old naira notes
The Central Bank of Nigeria (CBN) has ordered commercial banks to start dispensing and accepting old N200, N500, and N1,000 notes from customers across...